Predatory loan apps back in full force
"FACE members are encouraged to display the FACE Code of Conduct on their website and our logo on the app loading screen. This works in the direction of building trust in customers and ensures that lenders follow the COC thoroughly. As the COC is drafted keeping in mind the best interest of customers this brings credibility to lenders," says Satyam Kumar, chief executive officer of LoanTap, which is a member of the Fintech Association for Consumer Empowerment.
LoanTap Announces Its Debt Listing on BSE, Raises More Than Rs 100 Crore from Diversified Sources in First 5 Months of FY’22
LoanTap, a homegrown digital lender, has announced its debt listing with BSE. LoanTap a digital lending FinTech firm with two in-house NBFC entered the lending industry in 2016. The entity has successfully managed to grow its AUM and disbursed more than Rs. 700 Cr. so far.
Podcast – Maharajas of scale
Catch Mr. Satyam Kumar, speaking on Making Loans User Friendly at Scale LoanTap’s Satyam Kumar enjoyed a happy life as a senior banking executive. As a high-ranking official at IndusInd Bank, he oversaw the development of several products and led large business lines. Satyam was part of the group of executives that saw opportunity unfold. Driving opportunity was the Indian economy that grew at a fast pace between the mid-2000s and the early 2010s.
LoanTap Financial Technologies, announced the launch of LIMITLESS Credit line backed Cards in association with SBM bank and Rupay network.
With this launch, the company aims to offer young millennials financial empowerment who face challenges accessing quick credits or pre-approved loans while aiming to on-board 2 lakh+ customers by December 2021.
LoanTap chooses CyborgIntell’s AI Platform to accelerate digital lending solutions
LoanTap Financial Technologies, a homegrown digital lender, has always maintained its brand image around providing flexible and friendly products for their consumers. Through this collaboration, LoanTap aims at simplifying their overall journey and introduce a unique AI model in the digital lending space.
LoanTap chooses Cyborgintell’s AI Platform to accelerate digital lending solutions
LoanTap Financial Technologies, a homegrown digital lender, has always maintained its brand image around providing flexible and friendly products for their consumers. Through this collaboration, LoanTap aims at simplifying their overall journey and introduce a unique AI model in the digital lending space.
How better financing options can help drive electric two-wheeler adoption in India
Cost-effectiveness stood at the top as a primary reason for the adoption of E2Ws. Preliminary analysis revealed that about 50% of the E2W users opted for an electric vehicle because it’s cost-effective. Mr. Satyam Kumar, CEO and Co-founder, LoanTap, keys down the reasons on how, EVs have become the center of attraction for the global automobile industry.
LoanTap launches a new campaign #LifekaLoadMatLo
With #LifekaLoadMatLo Campaign, we intend to be the loan seekers’ companion. Loan must fit the pocket of the millennials and should come at friendly terms , said Mr Satyam Kumar on launch of new campaign of LoanTap
Online, personal loans light up Diwali shopping
There's 25% increase in loan demands seen during festive season compared to monthly growth. Home furnishing, consumer electronics, high end electronic good have been the focus of purchase
